S&P volume down 50% from Friday levels
::
Dow Jones Futures upside explosion - +1000
::
MS (Up 85%), GS (Up 20%) Continue to Make New Highs
::
GS Cuts Transocean's Price Target 58% to $75
::
Merrill Lowers MS '09 Price Target by $0.45 to $3.53
::
Merrill Cuts MS Price Target by $12 to $25
::
MS Now Up 73%, GS 18.7% Higher
::
Hambrecht urges help for small and medium sized banks
::
Hoyer - priority for next Congress - fiscal discipline
::
Hoyer - oversight will be priority of next Congress
::
Pelosi - economic stimulus needed
::
Pelosi - rescue package may not be big enough
::
JPM cut by C; stock down thru 200 day moving avg
::
Citi Widens JPM's Expected Q3 Loss to $0.32/Share
::
JPM's Q3 Results Likely Below Forecast-- Citi
::
Obama plan would allow $10k penalty free withdrawls from retirement funds
::
Dow Back Above 9000, Up 6.5% on the Day
::
UBS Cuts Visa's Price Target by $15 to $80
::
UBS Cuts Mastercard's Price Target by $20 to $240
::
GS At Highs of the Day, Back over $100, Up 13.6%
::

Username: Password: Forgotten your Password? Create an Account

News Sections

Related Articles

June 17th, 2008 - Fidessa Group PLC has announced that leading Russian investment bank OTKRITIE Financial Corporation has joined its global connectivity network.

Leading Russian broker OTKRITIE signs on to Fidessa's global network

Moscow-based OTKRITIE, ranked among the top five brokers in the Russian equity market by trading volume, now offers its Direct Market Access (DMA) and Execution Desk Access (EDA) services across Fidessa's global network which provides access to over 255 brokers, 1500 buy-side institutions and 92 exchanges globally.

Roman Lokhov, Managing Director of OTKRITIE, comments: "We are very excited to be partnering with Fidessa to provide our electronic trading services across one of the most extensive global networks available. Our aim is to provide enriched brokerage services to our institutional clients combining technology-neutral DMA and EDA solutions across international markets. Joining Fidessa's extensive network enables us to offer our execution capabilities coupled with very strong expertise across the Russian markets to both buy-side and sell-side firms on that network."

Simon McDowell, Director of Global Connectivity Solutions at Fidessa: "With increasing fragmentation of liquidity we're seeing a high demand for secure, low-latency access to execution venues across Europe and globally"

Simon McDowell, Director of Global Connectivity Solutions at Fidessa, adds: "With increasing fragmentation of liquidity we're seeing a high demand for secure, low-latency access to execution venues across Europe and globally. We continue to invest heavily in developing our global connectivity network and are delighted to welcome OTKRITIE. Its Russian market expertise will be a great addition to the range of services we offer our clients."

In the last year alone, Fidessa's global connectivity network has increased the number of connections by 50% while message throughput has grown by over 200% to over 100 million messages a month.

The Fidessa product suite provides integrated trading, market data and connectivity solutions to over 22,000 users at around 520 clients worldwide, and serves over 85% of global, tier-one equity brokers.

click here to return to the top of the page